Business
Trump Defends Data Centers Amid Growing Public Backlash
President Donald Trump strongly defended data centers Wednesday, despite growing public backlash against the rapid buildout. #trump #technology #usa #news #politics
“If I were the mayor of a town or the governor of a state, and I had a chance to get a big plant in, an AI plant or a data center, I would absolutely want it because the jobs are enormous and the money paid, the taxes paid are just enormous,” Trump told reporters at the White House.
The president’s review is more optimistic than many Americans, who have pushed backed against data centers in their backyard over concerns with the buildings’ use of water, electricity or hefty tax breaks for tech companies.
Read more: https://www.bloomberg.com/news/articles/2026-08-19/trump-asks-congress-to-pass-crypto-bill-alongside-executives
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Business
Indonesia’s finance minister says MSCI warning was a good thing
Indonesian Finance Minister Purbaya Yudhi Sadewa has said that the MSCI’s warning — which sparked a selloff in the nation’s stock market — is a good thing, as it highlighted a longstanding problem that hadn’t been addressed by previous administrations http://bloom.bg/45KH3cp
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Business
Indian Tech Workers Face New Uncertainty in US Visa Crackdown
“Insight with Haslinda Amin” is a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture.
Chapters:
00:00:00 – Insight with Haslinda Amin Begins
00:01:33 – OpenAI expects $70B in annualized revenue by end of 2026
00:06:20 – US bars Microsoft, Indian firms from visa program
00:10:53 – Danantara CIO Pandu Sjahrir on the fund’s 2026 deployment
00:13:59 – Pandu Sjahrir on bringing technology investments back to Indonesia
00:23:12 – Franklin Templeton CEO Jenny Johnson on fixed-income opportunities around AI—
00:25:19 – Jenny Johnson why AI’s impact across traditional industries is only beginning
00:32:59 – Emerging: JioStar Vice Chairman Uday Shankar on India’s cultural strengths and global influence
00:36:49 – Formula One President and CEO Stefano Domenicali on the Singapore Grand Prix and Asia growth
00:38:07 – Formula One President and CEO Stefano Domenicali on the Singapore Grand Prix and Asia growth
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Business
Plague Case in Siberia: What We Know
Plague is one of history’s most feared diseases, responsible for pandemics that killed tens of millions of people. Today, human cases are rare and can usually be treated with antibiotics. A suspected case of pneumonic plague in Siberia has renewed attention on the disease after a young worker at a Russian institute that studies plague and other dangerous infections died of severe pneumonia. Russian authorities told the World Health Organization that no case of plague has been recorded in the region. Still, the circumstances of the woman’s death and the precautions taken afterward have prompted international scrutiny, with the WHO seeking more information from Russia.
We speak with Dr. Amesh Aldaja, Senior Scholar at the Johns Hopkins Center for Health Security.
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Business
Where to Eat and Drink in Milwaukee
Milwaukee is well-known for its brewing heritage, but increasingly it’s making a name for itself at the dinner table. Bloomberg’s Five Top Tables has a few restaurants you should check out if you find yourself in the city. Ashley Novak explains
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Business
Trump Rules Out Iran Strikes Before Midterms, Oil Rises as Hormuz Attacks Continue
Oil rises as attacks in the Strait of Hormuz continue, even as Donald Trump says the US will not attack Iran before the midterm elections. Asian stocks slip amid US tech jitters, while Bahrain’s borrowing costs surge to a six-year high.
OpenAI expects annualized revenue to reach $70 billion by the end of 2026, up from a $50 billion run rate in September, as it discusses a new funding round of more than $30 billion.
France’s fiscal concerns remain in focus, with investors watching for potential contagion to Italian bond spreads and the euro.
Ecobank opens its first office in Beijing as commercial ties between China and Africa deepen. Meanwhile, SpaceX announces a spectrum deal for Starlink’s mobile-phone service, and Starbucks is reported to have explored a takeover of Chipotle.
The US tightens restrictions on tech visas, barring Microsoft and Indian firms from a key visa program that has served as an important talent pipeline for Silicon Valley and Wall Street.
Airtel Money begins trading in London in what could be the city’s largest IPO in five years, while Uzum’s investors include Tencent and Oman’s sovereign wealth fund.
And SoftBank is seeking to raise as much as $100 billion from Gulf investors. Guest includes Kevin Thozet, Carmignac Portfolio Advisor & Investment Committee Member, Jeremy Awori, Ecobank CEO, Zeina Rizk, Amwal Capital Partners Fixed Income Co-Head and Nikolay Seleznev, Uzum Co-Founder & Chief Strategy Officer.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
Chapters:
00:00:00 – Introduction
00:05:10 – OpenAI Expects $70B in Annualized Revenue by End of 2026
00:06:42 – Kevin Thozet, Carmignac Portfolio Advisor & Investment Committee Member
00:13:22 – Trump Says US Won’t Attack Iran Before Midterm Elections
00:16:03 – Jeremy Awori, Ecobank CEO
00:27:24 – Zeina Rizk, Amwal Capital Partners Fixed Income Co-Head
00:34:02 – US Targets Tech Visas, Bars Microsoft and Indian Firms From Visa Program
00:37:44 – Nikolay Seleznev, Uzum Co-Founder & Chief Strategy Officer
00:41:34 – Airtel Money to Begin Trading in London
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